You can still invest, but time is running out
Published on Oct 14, 2019
Hi all,
We have some exciting news to share!
Our crowdfunding campaign has been extended to October 25th, so you still have a chance to invest in our company. We hit our minimum goal of $75,000 and are now driving towards our next goal of $100,000. This investment is a revenue share loan where for each dollar invested, we are offering a 1.5x return.
See our crowdfunding page for details about this opportunity.
A few recent milestones:
- Now have over 725 customer reviews (avg. 4.7 out of 5).
- New Subscription Management System powered by industry leader Recharge. Far more intuitive with increased flexibility enabling customers to manage their subscriptions.
- Launched our Infused Black Floss (and getting rave reviews).
- New items moving into production including our Bamboo "Bass Style" Toothbrush, Mineral Toothpaste improvements, & Mineral Toothpowder.
Funds will be used to drive revenue, increase average order value, acquire new customers (while reducing churn) & further build our radical “outsider” brand.
A few specific use of proceeds:
- Hire two team members: Sales/Marketing Assistant & Store Manager. These roles will focus on executing Growth Hacking initiatives (including things like a customer referral program, wholesale to dentists, targeted media outreach, etc), delivering outstanding service to all of our customers & managing day to day operations.
- Inventory for new & existing products: buying at higher volumes drives down our costs down while supporting sales growth.
- Continue moving forward on new essential daily products: like everything we offer, these are pure, clean, concentrated, reasonably priced and backed by science + rational thinking (new products create a “critical mass” leading to more subscribers and increased ave order value).
- Website content & improvements: including thought leadership & education, improving site visitor conversions and SEO (search engine optimization).
- Affiliate program: partnering with closely aligned affinity groups and tapping into their large audiences. We pay on PPA (pay per acquisition) model E.g. $7-$10 per customer delivered.
Questions? Email us.
Remember, this is an investment, not a donation. As we do well, so do you! See our crowdfunding page to learn more.
[NOTE: In addition to our crowdfund raise, we are raising $650k in equity. While there is still room to participate in this round, we plan to close it by Dec 1. Minimum investment $25k. Email us to learn more.]
Thanks for considering & spreading the word by sharing this opportunity with others.
In wellness,
Vince Cobb
Co-Founder, Akamai Basics
About Akamai
We help people break free from the mainstream personal care paradigm that promotes too many products, chemicals, and complexity – at a high cost to our health, environment, and wallets. We believe less is more.
We are both a Certified B Corporation and 1% for the Planet member. As part of our belief of using business as a force for good, we contribute at least 1% of sales to high impact, environmental and social justice causes. Learn more.